Sometimes there's nothing to be gained by asking questions about individual losing trades. Markets move according to order volumes and flow. If a move peters out surprisingly quickly, or the market bounces when you didn't expect it to, all it means is that there was a high enough volume of limit orders at that level to absorb and repel the push. And conversely, if the market breaks through a S/R level, trendline, etc, it means that the volume of limit orders at the level was less than your analysis led you to believe. There are a number of simultaneous factors that drive prices — just to name a few: macroeconomics, money flows, levels of supply and demand, breakouts during times of high liquidity, central bank/heavyweight activity, self-fulfilling prophecy, the need to maintain triangular equilibrium, news announcements, extreme overboughtness/oversoldness, trapped trader behavior, key OHLC levels, session/time-of-day idiosyncrasies........ and no doubt many others. Now unless you can accurately weigh up the effect of each of these relative to each other, or otherwise have a way of knowing the size and level of all existing and imminent orders, then you effectively have no way of knowing why a trade outcome was better or worse than expected. Price movement appears random because it's driven by the collective behavior of anonymous participants whose agendas are completely unknown to the retail trader.

I read this on one of the forum and found his thoughts interesting, as such sharing here with fellow traders.
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